NewStream Blog

Importance of Business Partnerships With Strong Cash Flow

                                                                                                                                                                                                                               

At a fundamental level, companies need to have more cash coming into the business then cash going out. Cash flow, unlike profit, is a fluid concept regarding the movement of funds into and out of a business. During times of crisis or a downturn in the economy, more cash can end up going out than coming in, which can threaten the long-term survival of the business. 

Sep 23, 2020 9:28:41 AM NewStream Enterprises
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How Much Does Fulfillment Cost?

A third-party logistics provider (3PL) offers a broad range of services that can include fulfilling orders. An order fulfillment provider is also sometimes called a fulfillment center and is defined as a company that takes care of tasks associated with picking, packing and shipping of customer orders.

Sep 16, 2020 8:30:00 AM NewStream Enterprises
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Rerouting Supply Chains

With the advancement of digital technologies that enable real-time management of supply chains, coordinating global supply lines across a wide range of industries—from food and beverage to pharmaceuticals and healthcare—is now possible. This is especially helpful because, as we’ve learned with COVID-19, supply chain ecosystems can be impacted by catastrophic events such as trade issues, natural disasters, pandemics and others. To maintain supply chain effectiveness and serve customer needs, procurement and compliance strategies must include better planning, decision-making and execution. 

Sep 3, 2020 3:08:38 PM NewStream Enterprises
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How Does Distribution Affect the Price of Products?

In product distribution and order fulfillment, keeping internal costs down and product prices reasonable leads to higher profits and customer satisfaction. Utilizing distribution centers not only ensures a fluid availability of products with minimal back orders, but also establishes a pricing strategy for the different distribution channels. In terms of distribution, the greatest impact of production price comes from the distribution channel.

Jul 14, 2020 9:37:00 AM NewStream Enterprises
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Just-In-Time Delivery Examples

The just-in-time delivery (JIT) process within supply chain management, also called “lean manufacturing”, is used by industries that produce, hold, sell and move inventory. This method determines that when demand for product is created, inventory is “pulled” rather than the historical model where inventory or products are “pushed”. Orders for replacement supplies are then placed after consumption. This means that inventory is received and delivered as needed, rather than being pushed through. 

Jul 12, 2020 9:25:00 AM NewStream Enterprises
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